7550 Rote RdRockford, IL 61107

For Sale
$875,000

Profitable Dental Practice, 2,390 SF

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Class A medical office building, situated on a generous 3.93-acre lot in Rockford, Illinois, presents a compelling investment opportunity. The 2,390 square foot single-story building, constructed in 1992, boasts a desirable location near I-90, experiencing high daily traffic counts of 6,744 vehicles. Currently operating as a dental practice under lease until July 2025, the property offers immediate income potential. The building features two exam rooms, a reception area, an office, a break room, and substantial storage space in both the garage and basement. The C1 zoning allows for flexibility and potential expansion or redevelopment, catering to a variety of medical or commercial uses. The property's address is 7550 Rote Rd, Rockford, IL 61107, with APN 12-14-252-008. The 2023 property taxes totaled $12,925. This turnkey operation in a high-traffic area presents a rare opportunity for investors seeking a stable income stream with significant upside potential. The property's size and zoning provide ample room for growth and adaptation to future market demands. This is a unique chance to acquire a well-established medical office building with a proven track record in a thriving location.

Highlights

  • $875,000 asking price for this Class A medical office building.
  • 2,390 square feet on a 3.93-acre lot in Rockford, IL.
  • Single-story building, built in 1992, with C1 zoning.
  • Located near I-90 with high daily traffic counts.
  • Currently leased to a dentist until July 2025; features two exam rooms, office, reception, break room, and ample storage.
  • 2023 property taxes: $12,925.

Property Details for 7550 Rote Rd

Property type
Other office properties, Medical offices
Square Feet
2,390 SF
Class
A
Year Built
1992
Buildings
1
Stories
1
Lot Size (sq. ft)
171,191 SF
Units
1

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2903042
Longitude
-88.9694768
7550 Rote Rd, Rockford, Illinois

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7550 Rote Rd
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